Tag Archives: Oil
Daily Market Intelligence 11/15/16
Daily Market Intelligence 11-15-16
Midday Missive
2132 has held in the Spu’s.DAX…is creeping up. While this is happening do not think of selling U.S. indices. XLV…will be in play later in the day as it is setting up for a breakout of its range. be patient … Continue reading
Daily Market Intelligence 9/8/16
Daily Market Intelligence 9-8-16
EWZ & TARGA follow up
Both names gaped higher not allowing me the entry that i wished. If you bought on the opening here are your parameters. Targa Resources… EWZ…
Early Thoughts
BHP is leading the miners for the past 2 days. I took a look yesterday but was sanguine the precious metals. Some asked about reloading on Long NUGT which didn’t jive at the time with my view that Equities would … Continue reading
Midday Missive
Another break to nowhere in the Oil. I’d like to get some bought for a bounce near 46.65 risking 25 cents. Sustained price action over 48.50 leaves way to old resistance @ 49.40-62. I love Pot and MOS is showing … Continue reading
Midday Missive
MSFT is approaching first good resistance @ 51.80. Time to pay for your stop if involved. Oil Inventories gave us a good pop, however the Indices are fading. 4402 Nasd 100 will not be closed above without a good fight. … Continue reading
Midday Missive
OIL…33.98 was the high of the previous rally before we went to new lows. Above look for a print @ 34.74. Closing over 35 will crush the shorts. All the Oil currencies have bottomed. Buy any descent pull back in … Continue reading
Midday Missive
Oil…this is an upside breakout which could run close to 47 which is the first Fib retrace coming back up on the year. Later in the day if you get a pullback into the 43.40 area buy some upside. I … Continue reading